The announcements of quarterly results of Intel and Apple left an important fact: They are hardly selling PCs. Apparently, a new trend in the consumption of devices leaves computers relegated to the background.
If during the COVID-19 pandemic the PC became one of the most demanded products. Now the results in this segment have been hit. At least, this is what is clear from Intel’s announcement in its quarterly report. A 10% reduction in sales this year. The company’s most important customers are reducing their inventories at a rate that was not expected. The slowdown marks a higher pace in the last decade. Intel CEO Pat Gelsinger said earlier this week that the global PC market had shrunk by 12.2% compared to last year. Intel reported a 22 percent revenue decline to $15.3 billion for the second quarter of 2022. Its earnings were actually negative, with a loss of more than $500 million.
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The most interesting thing about this announcement is that it is not only confirmed by the Intel report. Apple also disclosed that it is selling fewer and fewer MACs. In particular, the company said that revenue from sales of its devices fell by 10% in the last quarter of the year. As with Intel, Apple CEO Tim Cook blamed supply chain constraints and unfavorable exchange rates for this result. Despite Apple’s recent launch of the redesigned MacBook Air with the company’s M2 chip, it didn’t have much of an impact on this quarter’s results.
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